FORMER President Jonathan Is Welcome To 2027 Race, But Nigerians Won’t Forget His Failures

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The Presidency has welcomed former President Goodluck Jonathan to the 2027 presidential race, but not without reminding Nigerians of his “dismal records” in office.

Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, in a Press Release available to SOJ WORLDWIDE, cautioned Jonathan to be wary of PDP cheerleaders who might lure him into the race for their personal interests.

Professor Jerry Gana, former Minister of Information, has expressed support for Jonathan’s potential candidacy, claiming he can defeat President Tinubu in 2027.

Onanuga described Gana’s assertion as “absurd” and warned Jonathan against being misled by PDP figures.

The statement available to SOJ WORLDWIDE criticized Jonathan for frivolous spending, running the economy aground, and depleting foreign reserves from $66 billion to below $30 billion.

“Let us remind ourselves about Jonathan’s record. We cannot forget in a hurry how his regime, devoid of any clear economic agenda, engaged in frivolous spending, ran the economy aground and put the country in dire straits.

The nation’s economic downturn, which President Tinubu is working very hard to overcome, actually began under President Jonathan.

The Jonathan administration severely damaged the economy, and all key indicators declined under his watch.

Under him, the so-called business moguls allocated foreign exchange to import fuel, simply pocketing the dollars without importing anything. Some of those big men still have court cases on the issue today.
Jonathan and his National Security Adviser, Col. Sambo Dasuki (rtd), freely distributed security funds to friends and cronies.
In 2010, President Jonathan inherited a total of $66 billion, of which $46 billion was in foreign reserves and $20 billion in the noble-but-abused Excess Crude Account.

By 2015, when the people democratically removed him from office, the foreign reserves had fallen below $30 billion, and the Excess Crude Account had been depleted to $2 billion, despite generating record revenue from crude oil sales that the country had never achieved in more than 25 years combined.
It is on record that between 2010 and 2013, crude oil sold for an average of $100 per barrel.

By December 2014, however, the Jonathan-led Federal Government could no longer pay salaries to Federal Civil Servants.

At least 28 states across the country owed workers huge salary arrears.
In contrast, President Tinubu has taken bold decisions over the last 28 months to reset the economy, removing the ruinous fuel subsidy and abolishing multiple exchange rates, which paved the way for arbitrage to flourish.

The President has stabilised the economy in slightly over two years in office.

In 2025 Q2, the Gross Domestic Product grew by 4.23%, the highest in four years, outpacing the 3.4% projected by the International Monetary Fund. Inflation decreased to 20.12% in August 2025, the lowest level in three years.

The foreign reserves stand presently at $42. 03 billion. The Naira has virtually stabilised. Investor confidence in our economy has been restored, and investors are betting on Nigeria.
In plain language, the nation has turned the corner. And our people have started reaping the gains of the bold reforms instituted by the Tinubu administration.

Road infrastructure is being boosted. Old roads are being reconstructed while new ones, like the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway, among others, are springing up.

The government is addressing security issues in some parts of the country.

We can go on and on, reeling out the many macroeconomic gains of the Tinubu administration.

However, the point is that the PDP and Jerry Gana’s co-travellers broke the economy; President Tinubu is fixing it.
President Jonathan and others are welcome to the 2027 race. They broke the economy before, but millions of Nigerians who will not easily forget the recent past will not allow them to return to run it down again.”

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FORMER President Jonathan Is Welcome To 2027 Race, But Nigerians Won’t Forget His Failures – PRESIDENCY

“Let us remind ourselves about Jonathan’s record. We cannot forget in a hurry how his regime, devoid of any clear economic agenda, engaged in frivolous spending, ran the economy aground and put the country in dire straits.

The nation’s economic downturn, which President Tinubu is working very hard to overcome, actually began under President Jonathan.

The Jonathan administration severely damaged the economy, and all key indicators declined under his watch.

By December 2014, however, the Jonathan-led Federal Government could no longer pay salaries to Federal Civil Servants.

At least 28 states across the country owed workers huge salary arrears.
In contrast, President Tinubu has taken bold decisions over the last 28 months to reset the economy, removing the ruinous fuel subsidy and abolishing multiple exchange rates, which paved the way for arbitrage to flourish.

The President has stabilised the economy in slightly over two years in office.

In 2025 Q2, the Gross Domestic Product grew by 4.23%, the highest in four years, outpacing the 3.4% projected by the International Monetary Fund. Inflation decreased to 20.12% in August 2025, the lowest level in three years.

Road infrastructure is being boosted. Old roads are being reconstructed while new ones, like the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway, among others, are springing up.

The government is addressing security issues in some parts of the country.

We can go on and on, reeling out the many macroeconomic gains of the Tinubu administration.

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“Let us remind ourselves about Jonathan’s record. We cannot forget in a hurry how his regime, devoid of any clear economic agenda, engaged in frivolous spending, ran the economy aground and put the country in dire straits.

The nation’s economic downturn, which President Tinubu is working very hard to overcome, actually began under President Jonathan.

The Jonathan administration severely damaged the economy, and all key indicators declined under his watch.

By December 2014, however, the Jonathan-led Federal Government could no longer pay salaries to Federal Civil Servants.

At least 28 states across the country owed workers huge salary arrears.In contrast, President Tinubu has taken bold decisions over the last 28 months to reset the economy, removing the ruinous fuel subsidy and abolishing multiple exchange rates, which paved the way for arbitrage to flourish.

The President has stabilised the economy in slightly over two years in office.

In 2025 Q2, the Gross Domestic Product grew by 4.23%, the highest in four years, outpacing the 3.4% projected by the International Monetary Fund. Inflation decreased to 20.12% in August 2025, the lowest level in three years.

Road infrastructure is being boosted. Old roads are being reconstructed while new ones, like the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway, among others, are springing up.

The government is addressing security issues in some parts of the country.

We can go on and on, reeling out the many macroeconomic gains of the Tinubu administration.

Be the first to comment

Leave a Reply Cancel reply

At least 28 states across the country owed workers huge salary arrears.
In contrast, President Tinubu has taken bold decisions over the last 28 months to reset the economy, removing the ruinous fuel subsidy and abolishing multiple exchange rates, which paved the way for arbitrage to flourish.